Cisco Systems Ranks No. 11 on FORTUNE's 2007 Best Companies to Work For

Cisco Systems (CSCO (Charts)) ranks no. 11 on FORTUNE's 2007 Best Companies to Work For list this year. The San Jose-based company was ranked 25 on the 2006 list.

Cisco Systems, with 27,493 U.S. employees, added 860 jobs last year. A Software Engineer IV, its most common salaried job, is paid an average of $123,021 annually.

CEO John Chambers held this network-equipment provider together after the dot-com bubble burst, and 2006 saw record sales and a 60% jump in the stock. (Virtually all employees are shareholders.)

Ten years ago, when Fortune began compiling this list, the idea that your employer would deliver your groceries (a new perk at Microsoft) or allow you to do your laundry at work (Google) might have seemed crazy. (Of course, the idea that you'd be paying out-of-pocket for health care would have sounded just as nuts.)

Indeed, much has changed in the American workplace over the past decade. Back then 18 companies on Fortune's list offered telecommuting; today 82 do. Only 28 companies on the list offered domestic-partner benefits; now that number is 70.

Competition to get on the list has intensified too: This year 446 public and private companies vied for a slot, up from 161 in 1998. And 100,000 workers evaluated their employers, making this by far the largest simultaneous employee survey in corporate America.

Other companies of interest on this list include:

Qualcomm (Best Companies rank: 14) QCOM (Charts)

Adobe Systems (Best Companies rank: 31) ADBE (Charts)

Intuit (Best Companies rank: 33) INTU (Charts)

Microsoft (Best Companies rank: 50) MSFT (Charts)

Texas Instruments (Best Companies rank: 87) TXN (Charts)